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All Forum Posts by: Joseph Ryan

Joseph Ryan has started 1 posts and replied 54 times.

I live in McAllen and want to start locally :)

Post: McAllen Real Estate Investors MeetUp

Joseph RyanPosted
  • Mcallen, TX
  • Posts 55
  • Votes 41

Will there be food for purchase?

Post: McAllen Investor Meet Up

Joseph RyanPosted
  • Mcallen, TX
  • Posts 55
  • Votes 41

@Jonathan Flores BiggerPockets Fans FB groups is a group that I joined last night and I am really enjoying it so far. Last night, I also joined RGV real estate FB group (seems like just a bunch of selling) and Real Estate Investors of Texas FB group which seems pretty promising. I hope that helps and I am looking forward to our next meeting!

Post: McAllen Investor Meet Up

Joseph RyanPosted
  • Mcallen, TX
  • Posts 55
  • Votes 41

@Jonathan Flores I'm also interested in your question about any good local facebook groups about real estate. Any luck finding good groups? 

Post: McAllen Investor Meet Up

Joseph RyanPosted
  • Mcallen, TX
  • Posts 55
  • Votes 41

@Erik Orozco @Boone Tyson @Jake F. I'm looking forward to our next meet up also. I'm hoping we can set something up for January and hopefully we can make it a monthly thing. Perhaps the second or third Monday of every month?

Post: Investing outside of California

Joseph RyanPosted
  • Mcallen, TX
  • Posts 55
  • Votes 41

@Mike M. Laredo is over 2.5 hours from McAllen and is not a market I have looked into so I don’t know much about that area. I do know that McAllen and specifically north McAllen is a relatively safe, growing area. I’m comfortable raising my family here.

Post: Investing outside of California

Joseph RyanPosted
  • Mcallen, TX
  • Posts 55
  • Votes 41

@Trent Jackson sounds good. [Solicitation/Request to Contact Removed by Moderators]

Post: Investing outside of California

Joseph RyanPosted
  • Mcallen, TX
  • Posts 55
  • Votes 41

@Trent Jackson yes I totally agree that McAllen is growing, especially northward. I would love to meet up and it just so happens that we have our first ever MCALLEN bp meet up on Monday Dec 16 at Buffalo Wild Wings in McAllen. Hope to see you there!

https://www.biggerpockets.com/...

Post: Investing outside of California

Joseph RyanPosted
  • Mcallen, TX
  • Posts 55
  • Votes 41

Hey @Trent Jackson welcome to bp. I am also reading the book on rental property investing by  @Brandon Turner. I have already read over 10+ real estate books this year and so far have listened to the first 320 bp podcasts.

I currently live in McAllen, Tx and plan to buy my first rental, a 4 plex next year. I have been following the MCALLEN market for the better part of this year and I have noticed that there are a lot of new single family homes and multi family being built. There is also a lot of land on which to build so there are a lot of things for sale and rentals have been offering more and more concessions. Over the past 10 years annul appreciation has been about 1.5-1.8%. Mls deals down here generally follow the 1% rule. 

I’m curious how you heard about the rio grande valley and what attracted you to it. 

Bp podcast episode 317 has great info about out of state investing and they also recommend certain places such as Houston, Austin, San Antonio, Dallas, Carolinas, Atlanta. Also, rich dad series Abc’s of real estate investing and advanced guide to real estate investing by Ken McElroy talk about finding great markets and what to look for.

 And of course there is David Greene’s book on long distance real estate investing! Hope this helps and good luck!

Post: McAllen Investor Meet Up

Joseph RyanPosted
  • Mcallen, TX
  • Posts 55
  • Votes 41

@Boone Tyson Goal setting and planning right before New Year's sounds great! ;)